Hu, Ming; Huang, Weixiang; Liu, Chunhui; Zhou, Wenhui - 2021
firm subject to regulation in service price or wait time, or jointly finance, own, and run a service system with the firm … unobservable M/M/1 queue. The interaction between the government and firm under regulation is modeled as a game. We consider two … practically motivated regulation instruments, i.e., price and wait time, and two types of interaction, i.e., sequential move (when …